Oil prices slump as US and Iran pause strikes

Oil prices are slumping as the US and Iran pause their military strikes. The temporary de-escalation in Middle East tensions has offered markets relief from the recent volatility. Per XTB's research director Kathleen Brooks, though, the underlying conflict is far from settled—leaving longer-term uncertainty about whether this calm will hold.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton